Archives for May 2016

May 2016 - Page 5 of 30 - Money Morning - Only the News You Can Profit From

The Fed Is Set to Slaughter Debt-Laden U.S. Oil Producers

The market is moving up nicely today, with the S&P 500 running on two-month highs toward 2,100. But investors are playing a special kind of Whack-a-Mole, only with the U.S. Federal Reserve Board instead of those cute little plastic guys you see on the boardwalk.

Of course the preeminent question is whether the Fed will raise interest rates soon. But either way, the U.S. energy sector, already under pressure, is about to feel a whole lot more of it – no matter when the Fed raises rates, or how many times it raises them in 2016.

In fact, no matter how you slice it, a wide swath of American oil and natural gas producers are going to catch it in the neck; bankruptcies, mergers and acquisitions, and of course asset sales (one step ahead of the sheriff) will be the order of the day. 

This much chaos and consolidation means one thing: There are big profit opportunities for those who tread carefully...

This Bitcoin Price Prediction Sees a 2016 Rise to $1,000

A new Bitcoin price prediction from an entrepreneur with a knack for making accurate calls on the digital currency sees Bitcoin going much higher over the next two years.

This is the third time in three years that Gyft founder Vinny Lingham has made a Bitcoin price prediction, and he was spot-on with the first two.

Here's why Lingham thinks Bitcoin will double in 2016 - as well as his surprising 2017 Bitcoin price prediction...